Jeremy Lin | Guard

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The Hornets signed G Jeremy Lin with their biannual exception.

As a result, the team will now face a hard salary cap. Lin finds himself in an interesting situation under Steve Clifford given his penchant for loose defense and faces an uphill battle to carve out sustainable fantasy value in leagues with 12 teams or fewer for 2015-16. Jul 13 - 8:56 AM

He announced it on his Instagram page. Lin is going to be the backup to Kemba Walker and the two should be on the court together, so Lin is likely looking at minutes in the mid-20s. He's only on the radar in 14-team leagues. Jul 8 - 9:35 PM

Dallas is working on carving out the necessary salary space in order to add him to the fold, and it's possible the Mavs work out a sign-and-trade with the Los Angeles Lakers in order to get the deal done. It's not clear what Dallas could offer the Lakers in exchange for Lin's services, but the point guard was never going to return to LA after his underwhelming one-and-done season. Jul 6 - 9:26 AM

Michael Kidd-Gilchrist (ankle) has been able to do some light shooting and dribbling, and he will be cleared to start cutting in a couple of weeks.

It has taken MKG a long time to get over this ankle issue, but it looks like he is finally making some good progress. The trade of Lance Stephenson could open up even more minutes for MKG, but his game simply hasn't translated to fantasy too well. During the 2014-15 campaign, MKG averaged 10.9 points, 7.6 boards, 1.4 assists, 0.7 blocks and 0.5 steals while shooting 46.5 percent from the field.

This isn't a huge surprise as the Hornets are committed to giving Frank Kaminsky every opportunity to succeed after taking him with the ninth overall pick in the 2015 NBA Draft. Zeller would have to fall into the perfect situation to provide any fantasy value in standard leagues and he'll remain more of a deep league option unless that happens.

According to Hornets general manager Rich Cho, Al Jefferson (knee) has been fully cleared for basketball activity.

Jefferson's knee flared up down the stretch last season and was a major cause for concern, but it's a good sign that he has been cleared this early in the summer. Jefferson recently picked up his player option for $13.5 million for next season, and he will look to help the Hornets get back into the Eastern Conference playoffs after a rough 2014-15 campaign. Jefferson posted averages of 16.6 points, 8.4 rebounds, 1.7 assists and 1.3 blocks last season, but he also missed 17 games due to injury and his durability is a little worrying.